Vision Marine Technologies Inc. has completed the sale of two properties, including 139 Shore Court in North Palm Beach, Florida, generating approximately US $3.9 million in net proceeds. The company has secured a long-term lease to continue operating its dealership and service center at the same address. The proceeds will be reinvested into Nautical Ventures' operations and used to reduce floor plan financing, with the consolidation expected to save the company around US $1.6 million annually.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vision Marine Technologies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1091122) on October 23, 2025, and is solely responsible for the information contained therein.